For those looking for longer-term security, its 10-year fixed rate product with a £999 fee starts at 3.14%.
All these rates are for the 60% loan to value (LTV) products and come with a £999 product fee, reduced to £499 for first time buyers.
Existing mortgage customers benefit from at least an additional 0.10% discount on all new customer rates.
Remortgage customers get free standard valuation and the choice between free standard legal work or £250 cashback.
The Flexclusive four-year fixed rate, available exclusively to Nationwide main current account holders, starts at 2.04% at 60% LTV with a £999 fee.
Henry Jordan, Nationwide’s head of mortgages, said: “This new range of fixed rates ensures Nationwide remains competitive and is designed to appeal to those looking for certainty of mortgage payments while interest rates remain at historic lows.”
Summary of Rate Changes:
2 year fixed rates:
60% LTV rate with a £999 fee reduced by 0.10% to 1.49%.
60% LTV rate with a £0 fee reduced by 0.10% to 1.89%.
70% LTV rate with a £999 fee reduced by 0.10% to 1.74%.
70% LTV rate with a £0 fee reduced by 0.10% to 2.14%.
3 year fixed rates:
60% LTV rate with a £999 fee reduced by 0.05% to 1.94%.
60% LTV rate with a £0 fee reduced by 0.05% to 2.24%.
70% LTV rate with a £999 fee reduced by 0.05% to 2.24%.
70% LTV rate with a £0 fee reduced by 0.05% to 2.54%.
4 year Flexclusive fixed rates:
60% LTV rate with a £999 fee reduced by 0.10% to 2.04%.
60% LTV rate with a £0 fee reduced by 0.10% to 2.34%.
5 year fixed rates:
60% LTV rate with a £999 fee reduced by 0.05% to 2.24%.
60% LTV rate with a £0 fee reduced by 0.05% to 2.44%.
70% LTV rate with a £999 fee reduced by 0.15% to 2.54%.
70% LTV rate with a £0 fee reduced by 0.15% to 2.74%.
10 year fixed rates:
60 and 70% LTV rates with a £999 fee reduced by 0.15% to 3.14%.
60 and 70% LTV rates with a £0 fee reduced by 0.15% to 3.24%.
In addition, one of the 3 year Flexclusive* tracker deals has also been reduced, with the 60% LTV rate with a £0 fee reduced by 0.20% to 1.69%.
Nationwide also continues to offer its Loyalty Rate Mortgages initiative, which compares the Society’s mortgage rates for existing customers with those of its top six high street competitors and guarantees to offer the lowest comparative rate for those looking for a new deal.
Loyalty Rate Mortgages changes:
2 year fixed rates:
80% LTV with £999 fee reduced by 0.05% to 1.94%.
85% LTV with £999 fee reduced by 0.05% to 2.24%.
85% LTV with £0 fee reduced by 0.05% to 2.64%.
5 year fixed rates:
75% LTV with £999 fee reduced by 0.10% to 2.64%.
75% LTV with £0 fee reduced by 0.10% to 2.84%.
80% LTV with £999 fee reduced by 0.05% to 2.94%.
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